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kayleigh mcenany. also carley shimkus and douglas murray. king charles iii is back at buckingham palace and preparing to address the commonwealth, the u.k., and the world for the first time as monarch around 1:00 p.m. eastern. his majesty was welcomed by huge crowds. following his return from scotland where he, along with his sister, princess and, reportedly at his mother s side when she passed. the king s speech is expected to be accompanied by a service at st. paul s cathedral in london to be attended by the new prime minister, list trust, and senior officials. liz trust was seen arriving at the palace for her first audience with the new king just the past hour. meanwhile, plenty of remembrances come up public viewing is planned as the british people prepared to say farewell to the only monarch most of them have ever known. douglas, a lot of people talking. moving on and talking about what the future is going to look like under king charles. what s your thought on tha ....
we start today with the problem staring at us every time we go to the shops and look at our bank balance: the cost of living crisis. today we ll get the latest estimate of inflation here in the uk for the month of may. we ll go back to april to set the scene: inflation that month was running at 9%, the highest rate here in the uk for a0 years. looking into the future, the bank of england has warned inflation might exceed 11% later this year as the prices of fuel and food put pressure on household budgets. the response by the bank of england has been to raise the cost of borrowing. rates have recently been increased from 1% to 1.25%, the fifth consecutive rise, pushing them to the highest level in 13 years. our business correspondent, emma simpson, has been speaking to the chairman of the supermarket chain asda, lord stuart rose he told her that his customers have been cutting back on their shopping. if you haven t got the money, i cannot eat. iii if you haven t got t ....
elected president a short time ago telling him that the alliance between the united states and south korea has never been stronger or more vital. now, the president s trip comes as he faces a myriad of problems back home from a shortage of baby formula to spiking inflation, and now rising covid cases too. tying his trip to asia to the top priority on his overseas agenda, president biden referenced russia s war against ukraine this morning saying that democracies must stand together against autocratic leaders. but i really do think we re at an inflection point in world history. things are changing so rapidly, i think we re going to see more of. it s going to be a competition between democracies and autocracies and i mean that sincerely. and unfortunately i think i m being proven to be correct not just here but around the world. in a joint statement mr. biden and south korean president yoon, the decision is a reversal from the trump administration which scaled back ....
welcome to seville, home to around 100,000 expectant rangers fans for the next 2a hours, as their side prepares to face eintracht frankfurt in the final of the europa league tonight. iam in i am in cambridge are ahead of a dry, sunny and warm day for the vast majority, before we see more heavy and thundery rain tonight. good morning. it s wednesday, 18th may. our main story. the uk s rate of inflation is predicted to reach its highest level in a0 years, when the figures are released in an hour s time. this is the official measure of the cost of living, and it could show a rise of more than 9% in the year to april. nina s at a fish market in grimsby for us this morning. morning. yes, good morning. welcome to grimsby, where around 5000 boxes of fish come through every single week. the vast majority of them are coming in from iceland, haddock and cod on the whole, but i think about every step of that journey for the fish to make their way here. for vessels like this, the fuel in ....